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Downtrend Broken Resist.Archive - 5/2/2025 - Sign In to see current Signals. |
Lamb Westo (LW) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Lamb Westo (LW). During the week, the LW gave back -0.44 points, or -0.85%, and closed at 51.50 on Friday, May 2, 2025. Weekly volume was -46% below average. LW is a member of Consumer Staples Sector. Consumer Staples is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See LW long-term trend chart] A long-term downtrend had started on July 25, 2023 at 117.38 and reached 47.90 on March 13, 2025. LW lost 69.48 points, or 59.19%, in 85 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 25.00 and resistance is at 75.91. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See LW medium-term trend chart] A medium-term uptrend had started on March 13, 2025 at 47.90 and reached 60.92 on April 3, 2025. LW gained -13.02 points, or -27.18%, in 3 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (51.16) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See LW weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is above its signal line since April 11, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See LW short-term trend chart] A short-term downtrend had started on April 3, 2025 at 60.92 and reached 50.16 on April 21, 2025. LW lost 10.76 points, or 17.66%, in 18 days. The price is now at the 12.45% retracement level.
Daily Technical Indicators: [See LW daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 15, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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